Photo: Tomohiro Ohsumi/Getty Images

President Trump at the G20 summit today said he'll allow U.S. companies to sell to Chinese tech giant Huawei and won't put new tariffs on China for the "time being."

Why it matters: Trump and President Xi Jinping's G20 meeting is only a "temporary cease-fire" in the U.S.-China trade war, but ratcheting down trade tensions with China removes "an immediate threat looming over the global economy even as a lasting peace remains elusive," Bloomberg reports.

  • Trump said the U.S. will give China "lists" of farm products to buy and China has agreed to resume agricultural purchases, per the Washington Post.

Recap: The U.S. imposed 25% import taxes on $250 billion of Chinese goods — China countered with tariffs on $110 billion in American products, with a focus on agricultural goods, the AP reports.

The bottom line: Saturday's cease-fire could "give negotiators another chance to forge a permanent accord governing the vast flow of goods and services between the two nations," the NYT reports.

Go deeper: Trump suggests farmers will benefit from trade tariffs on China

Go deeper

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Illustration: Eniola Odetunde/Axios

Scientists are racing to learn more about the damage the novel coronavirus can do to the heart, lungs and brain.

Why it matters: It’s becoming increasingly clear that some patients struggle with its health consequences — and costs — far longer than a few weeks.

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  2. U.S.: Total confirmed cases as of 3 a.m. ET: 7,191,061 — Total deaths: 205,998 — Total recoveries: 2,813,305 — Total tests: 103,155,189Map.
  3. Health: Americans won't take Trump's word on the vaccine, Axios-Ipsos poll finds.
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In photos: Deadly wildfires devastate California's wine country

The Shady Fire ravages a home as it approaches Santa Rosa in Napa County, California, on Sept. 28. The blaze is part of the massive Glass Fire Complex, which has razed 46,600 acres at 2% containment. Photo: Samuel Corum/Agence France-Presse/AFP via Getty Images

Some 18,700 firefighters are battling 27 major blazes across California, including in the heart of the wine country, where one mega-blaze claimed the lives of three people and forced thousands of others to evacuate this week.

The big picture: 8,155 wildfires have burned across a record 3.86 million acres, killing 26 people and razing almost 7,900 structures in California this year, per Cal Fire. Just like the deadly blazes of 2017, the wine country has become a wildfires epicenter. Gov. Gavin Newsom has declared a state of emergency in Napa, Sonoma, and Shasta counties.